Commercial Investment Real Estate is the magazine of the CCIM Institute, the leading provider of commercial real estate education. CIRE covers market trends, current developments, and business strategies within the commercial real estate field.
Issue link: http://cire.epubxp.com/i/536709
45 July | August | 2015 CCIM.com ³ Thomas F. Campenni, CCIM, of T omas F. Campenni Co. in Stuart, Fla., and a partner represented 21 West 46th Street LLC in the 10-year, $3.5 million lease of 7,000 sf of of ce space in New York City to Yellow Oro. Retail Big Deal ³ Alex Divaris, CCIM, of Divaris Real Estate in Virginia Beach, Va., represented Armada Hoffl er Properties in the sale of two Maryland shopping centers totaling 186,583 sf to subsidiaries of Oekos Management Corp. for $20.2 million in cash, net of $15.2 million in 1031 exchange proceeds, and 415,500 shares of Armada Hoffl er common stock. ³ Sean Glickman, CCIM, of Coldwell Banker Commercial in Maitland, Fla., represented a 106-year old family-owned company in the $16 million sale of a Super Target retail center in DE AL M A K E RS Offi ce Big Deal ³ Jill Rasmus- sen, CCIM, of The Davis Group in Minneapolis and her partners represented a group of investors in the $116 million sale of a 362,354-sf, eight- building medical offi ce portfolio in Minnesota and North Dakota to Physicians Realty Trust. ³ John D. Hale, CCIM, of Davlyn Investments in San Diego represented his company in the more than $16.4 million purchase of a 74,807-sf, two-building of ce park in Carlsbad, Calif, for LNR. ³ W. Jeffrey Cotter, CCIM, of Absolute Investment & Realty Services in Tampa, Fla., represented an undisclosed seller in the $5.9 million sale of 14,704 sf of of ce space in Cape Canav- eral, Fla., to an undisclosed fund. Cotter also represented an undisclosed seller in the more than $4 million sale of 10,115 sf of of ce space in Johnson City, Tenn., to an undisclosed fund. ³ R. Craig Coppola, CCIM, and Andrew Cheney, CCIM, of Lee & Associates Arizona in Phoenix and two partners represented Piedmont Of ce Realty in the more than $5.8 million lease of 15,197 sf of of ce space in Chandler, Ariz., to Americredit Financial Services. Cathy A. Jones, CCIM, of Sun Commercial Real Estate in Las Vegas and four partners represented Laurie and Bob Kicks in the more than $4.6 million purchase of a 7,942- sf medical of ce property in Kyle, Texas, from an undis- closed seller. ³ John M. Hardin, CCIM, of J.H. Berry & Gilbert in Birmingham, Ala., represented a local investor in the $3.6 million sale of the 31,850-sf TekLinks headquarters building in Birmingham to Gladstone Commercial Corp. Titusville, Fla., to an international investment f rm. Kenneth Hurst, CCIM, of Stevens Realty Group in Metairie, La., negotiated the $13 million sale of a 138,782-sf shopping center in Chalmette, La., from 8700 West Judge Perez LLC to Chalmette Man- agement LP. ³ Fabio F. Faerman, CCIM, of FA Commercial Advisors in Miami represented a group of South American investors in the $10.5 million purchase of 17,500 sf of retail space in Miami from an undisclosed seller. ³ Parker Carroll, CCIM, of Coldwell Banker Commercial Net Leased Investment Group in Austin, Texas, represented Retail Pf ugerville Partners LP in the more than $8.8 million sale of the 67,149-sf Pf ugerville West Shopping Center in Pf ugerville, Texas, to Pf uger- ville West Partners Ltd. ³ Sean W. Patrick, CCIM, of Ackerman & Co. in Atlanta represented Sterling Value Add Partners II LP in the more than $8.6 million purchase of an 81,829-sf shopping center in Roswell, Ga., from GE Credit Equities. Robert H. Burns, CCIM, of Robert H. Burns Co. in Nashville, Tenn., represented United Carothers LLC in the $8.2 million purchase of the 20,902-sf Reliant Bank Center in Nashville, Tenn., from RBC Properties. Douglas Jacoby, CCIM, of Colliers International in Boston and a partner represented the Massachusetts Of ce of Business Development in the $280 million leasehold interest sale of a 600,000-sf of ce and retail building in Boston to Intercontinental Real Estate Corp. The Biggest Deal